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Nataliya [291]
2 years ago
10

A company's year-end data shows the following amounts. Current assets $65,000 Current liabilities $25,000 Net income $7,500 Net

sales $125,000 Total assets $150,000 Based on this information, what is the company's current ratio?
Mathematics
1 answer:
lozanna [386]2 years ago
4 0

The company's current ratio is 2.6.

<h3>What is the current ratio?</h3>

Current ratio is an example of a liquidity ratio. Liquidity ratios are financial ratios measure a firm's ability to honour its short terms obligations.

Current ratio = current asset /current liability

$65,000 / 25,000 = 2.6

To learn more about current ratio, please check: brainly.com/question/19579866

#SPJ1

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What is the theoretical probability that one of the 2 red marbles would be drawn from a bag including all 8 marbles shown?
LenKa [72]

Answer:

1/4

Step-by-step explanation:

3 0
3 years ago
Is -8-2(3+2n)+7n equivalent to -30-13n. Explain why or why not.
seropon [69]

No, -8 - 2(3 + 2n) + 7n is not equivalent to -30 - 13n

Step-by-step explanation:

Let us revise the operation of the negative and positive numbers

  • (-) + (-) = (-)
  • (-) × (-) = (+)
  • (-) + (+) = the sign of greatest [(-) if the greatest is (-) or (+) if the greatest is (+)]
  • (-) × (+) = (-)
  • (-) - (+) = (-)
  • (+) - (-) = (+)

∵ The expression is -8 - 2(3 + 2n) + 7n

- Simplify it

∵ 2(3 + 2n) = 2(3) + 2(2n) = 6 + 4n

∴ -8 - 2(3 + 2n) + 7n = -8 - (6 + 4n) + 7n

- Multiply the bracket by (-)

∴ -8 - (6 + 4n) + 7n = -8 - 6 - 4n + 7n

- Add the like terms

∴ -8 - (6 + 4n) + 7n = (-8 - 6) - 4n + 7n

∴ -8 - (6 + 4n) + 7n = -14 + 3n

∴ -8 - 2(3 + 2n) + 7n is equivalent to -14 + 3n

∵ -14 + 3n ≠ -30 - 13n

∴ -8 - 2(3 + 2n) + 7n is not equivalent to -30 - 13n

No, -8 - 2(3 + 2n) + 7n is not equivalent to -30 - 13n

Learn more:

You can learn more about the directed numbers in brainly.com/question/10364988

#LearnwithBrainly

8 0
3 years ago
A survey of 76 commercial airline flights of under 2 hours resulted in a sample average late time for a flight of 2.55 minutes.
nika2105 [10]

Answer:

The best point of estimate for the true mean is:

\hat \mu = \bar X = 2.55

2.55-1.96\frac{12}{\sqrt{76}}=-0.148    

2.55+1.96\frac{12}{\sqrt{76}}=5.248    

Since the time can't be negative a good approximation for the confidence interval would be (0,5.248) minutes. The interval are tellling to us that at 95% of confidence the average late time is lower than 5.248 minutes.

Step-by-step explanation:

Information given

\bar X=2.55 represent the sample mean for the late time for a flight

\mu population mean

\sigma=12 represent the population deviation

n=76 represent the sample size  

Confidence interval

The best point of estimate for the true mean is:

\hat \mu = \bar X = 2.55

The confidence interval for the true mean is given by:

\bar X \pm z_{\alpha/2}\frac{\sigma}{\sqrt{n}}   (1)

The Confidence level given is 0.95 or 95%, th significance would be \alpha=0.05 and \alpha/2 =0.025. If we look in the normal distribution a quantile that accumulates 0.025 of the area on each tail we got z_{\alpha/2}=1.96

Replacing we got:

2.55-1.96\frac{12}{\sqrt{76}}=-0.148    

2.55+1.96\frac{12}{\sqrt{76}}=5.248    

Since the time can't be negative a good approximation for the confidence interval would be (0,5.248) minutes. The interval are tellling to us that at 95% of confidence the average late time is lower than 5.248 minutes.

7 0
3 years ago
A company claims that the mean weight per apple they ship is 120 grams with a standard deviation of 12 grams. Data generated fro
Veronika [31]

Answer:

There is no sufficient evidence to reject the company's claim at the significance level of 0.05

Step-by-step explanation:

Let \mu be the true mean weight per apple the company ship.  We want to test the next hypothesis

H_{0}:\mu=120 vs H_{1}:\mu\neq 120 (two-tailed test).

Because we have a large sample of size n = 49 apples randomly selected from a shipment, the test statistic is given by

Z=\frac{\bar{X}-120}{\sigma/\sqrt{n}} which is normally distributed. The observed value is  

z_{0}=\frac{122.5-120}{12/\sqrt{49}}=1.4583. The rejection region for \alpha = 0.05 is given by RR = {z| z < -1.96 or z > 1.96} where the area below -1.96 and under the standard normal density is 0.025; and the area above 1.96 and under the standard normal density is 0.025 as well. Because the observed value 1.4583 does not fall inside the rejection region RR, we fail to reject the null hypothesis.

5 0
3 years ago
A professional soccer player kicked a ball across the field. The ball’s height, in meters, is modeled by the function graphed be
pantera1 [17]

Answer:

Hey there!

You can think of the rate of change as the slope of a quadratic function- here we see that it is 9/-3, or - 3.

Let  me know if this helps :)

6 0
3 years ago
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